Journalise the following transactions and prepare ledger accounts in the books of Sanjeev.

2019 June 

1. Cash received from Raju Rs.10,000 for commission. 

3. Intra-state sale to Rakesh Rs.3,000 and SGST @2.5% and CGST @2.5% applicable. 

5. Received full amount from Rakesh. 

8. Intra-state purchase from Mangesh Rs.2,000  and SGST @2.5% and SGST @2.5% applicable. 

11. Paid the necessary amount to Mangesh. 

18. Paid Rent Rs.2,500. 

24. Paid mobile bill Rs.1,000 out of which Rs.700 for office use and for Rs.300 for personal use.  
 

Solution:  

Journal Entry. 

In the books of Mr.Sanjeev. 

Date	Particulars	L.F	Debit	Credit
2019 June 1	Cash A/c                 Dr.        To Commission A/c  [ Being Commission received from Raju in cash]		10,000	10,000
3	Rakesh A/c             Dr.        To Sales A/c        To Output SGST A/c        To Output CGST A/c  [Being Sold goods to Rakesh @5% GST]		3,150	3,000  75  75
5	Cash A/c                Dr.        To Rakesh A/c  [Being cash received from Rakesh]		3,150	3,150
8	Purchase A/c          Dr.  Input SGST A/c     Dr.  Input CGST A/c     Dr.         To Mangesh A/c  [Being Purchase goods from Mangesh @5% GST]		2,000  50  50	2,100
11	Mangesh A/c          Dr.         To Cash A/c  [Being Paid cash to Mangesh]		2,100	2,100
18	Rent A/c                 Dr.         To Cash A/c  [Being Rent paid]		2,500	2,500
24	Mobile Charges A/c  Dr.  Drawings A/c             Dr.         To Cash A/c  [Being Paid Mobile bill for office use and for personal use]		700  300	1,000

 
 

 
 

 
 

 
In the books of Sanjeev. 

Dr.                 Cash Account              Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019 June 2	To Commission A/c		10,000	2019 June 11	By Mangesh A/c		2,100
5	To Rakesh A/c		3,150	18	By Rent A/c		2,500
				24	By Mobile Charge A/c		700
				24	By Drawings A/c		300
				30	By Balance c/d		7,550
			13,150				13,150
July 1	To Balance b/d		7,550

 
 

 
 

Dr.               Rakesh Account               Cr.  

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019 June 3	To Sales A/c		3,150	2019 June 5	By Cash A/c		3,150
			3,150				3,150

 
 
 

Dr.              Commission Account              Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
				2019 June 1	By Cash A/c		10,000
30	To Balance b/d		10,000
			10,000				10,000
				July 1	By Balance c/d		10,000

 
 
 

Dr.              Output SGST Account              Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019  June 3	To Sales A/c		75
				30	By Balance c/d		75
			75				75
July 1	To Balance b/d		75

 
 
 

Dr.               Output CGST Account               Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019June 3	To Sales A/c		75
				30	By Balance c/d		75
			75				75
July 1	To Balance b/d		75

 
 

 
 
 

 
 

Dr.               Sales Account               Cr.      

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
				2019 June 3	By Rakesh A/c		3,000
30	To Balance b/d		3,000
			3,000				3,000
				July 1	By Balance c/d		3,000

 
 

 
 

 
 

Dr.               Purchase Account                Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019 June 8	To Mangesh A/c		2,000
				30	By Balance c/d		2,000
			2,000				2,000
July 1	To Balance b/d		2,000

 
 

 
 

 
 

 
 

 

Dr.          Input SGST Account           Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
June 2019 8	To Mangesh A/c		50	30	By Balance c/d		50
			50				50
July 1	To Balance b/d		50

 
 

 
 

Dr.          Input CGST Account           Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
June 2019 8	To Mangesh A/c		50	30	By Balance c/d		50
			50				50
July 1	To Balance b/d		50

 
 
 

 
 

Dr.          Mangesh Account            Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019 June 11	To Cash A/c		2,100	8	By Purchase A/c		2,100
			2,100				2,100

 
 
 

Dr.          Rent Account            Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019 June18	To Cash A/c		2,500	30	By Balance c/d		2,500
			2,500				2,500
July 1	To Balance b/d		2,500

 
 
 

 
 

Dr.          Mobile Charges Account       Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019 June 24	To Cash A/c		700	24	By Balance c/d		700
			700				700
July 1	To Balance b/d		700

 
 
 

 
 

Dr.         Drawings Account            Cr. 

Date	Particulars	J.F	Amt	Date	Particulars	J.F	Amt
2019 June 24	To Cash A/c		300	30	By Balance c/d		300
			300				300
July 1	To Balance b/d		300

 
 

 

Journalise the following transactions and prepare ledger accounts in the books of Sanjeev.